Assessing the environmental impact of energy in the European Union-27 countries: the STIRPAT model analysis for the period 2000-2019

Date

2023-12

Author

Demet, Taha Mervan

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As a global leader in environmental protection policies, the European Union has placed great emphasis on reducing CO2 emissions, which is the primary contributor to climate change. To achieve this, it has made a strong effort to align its energy policies with its environmental policies. Focusing on the EU’s directives in its energy policy, this study attempts to reveal the factors contributing to CO2 emissions in the EU-27 for the period 2000-2019 within the framework of STIRPAT model. Employing the fixed effects model with Driscoll and Kraay standard errors, this study reveals that the impacts of population growth, financial development, and energy intensity on CO2 emissions are positive while the impacts of renewable energy consumption and energy-related tax revenue on CO2 emissions are negative in the EU-27.

Subject Keywords

CO2 emissions, Energy, Environment, Environmental impact analysis, STIRPAT model

URI

https://hdl.handle.net/11511/107673

Collections

Graduate School of Social Sciences, Thesis